Luxury high-rises, arts scene, and the fastest commute to Midtown in all of Queens
Long Island City's median sale price reached $984,000 in January 2026, up 4.5% from a year earlier, with homes spending a median 103 days on the market (StreetEasy). I started selling NYC real estate in November 2001, the same year the city rezoned this waterfront from industrial to residential use.
| Area | Median Sale Price | YoY Change | Median Days on Market |
|---|---|---|---|
| Long Island City | $984,000 | ↑4.5% | 103 |
| Astoria | $1,113,350 | ↑46.5% | 67 |
| Queens | $760,000 | ↑11.8% | 77.5 |
Source: StreetEasy Market Reports, January 2026 (all property types).
Long Island City is a condo market: 130 of the 138 active listings and 86 of the 91 closings in the last 90 days were condominiums, with a $1,050,000 median condo closing price and a $1,670 median closed price per square foot, above the $1,556 median for current listings.
| Long Island City RLS snapshot | Figure |
|---|---|
| Active listings | 138 |
| Median list price | $1,150,000 |
| Median price per square foot (listings) | $1,556 |
| Pending | 97 |
| Closed sales, last 90 days | 91 |
| Median closed price, last 90 days | $1,045,000 |
Source: RLS/REBNY via Trestle, as of October 1, 2026.
Long Island City was an industrial hub of factories, warehouses, and shipping in the 19th century, and by the 1970s many of its factories had been abandoned. In the 1990s the Queens West plan set out to redevelop 74 acres on the East River with up to 16,000 new residents in 19 buildings. The 2001 rezoning from industrial to residential followed, and Hunter's Point South was built after it (Source: Wikipedia, Long Island City).
Amazon announced on November 13, 2018 that one of its two planned second headquarters would sit at Queens West, then pulled out on February 14, 2019. One Court Square, the 658-foot former Citicorp Building from 1990, was Queens' tallest building until 2019. The 811-foot Orchard residential tower topped out in July 2024.
| Area | Transit | Landmarks |
|---|---|---|
| Hunters Point | 7 train, ferry service to Manhattan. | Hunters Point Historic District, Gantry Plaza State Park, the Pepsi-Cola sign. |
| Court Square | E, M, G, and 7 lines. | One Court Square, the Long Island City Courthouse. |
| Queensboro Plaza | 7, N, and W lines. | The Silvercup Studios sign, visible from the elevated tracks. |
Luxury condos, co-ops, and new developments with Manhattan views
44-15 PURVES Street #15C
Long Island City
4244 Crescent Street #6B
Long Island City
Listing information provided courtesy of the Real Estate Board of New York's Residential Listing Service (RLS). Information is deemed reliable but not guaranteed. Sale listings verified. ©2026 REBNY. RLS data displayed by Keller Williams NYC.
The East River waterfront has Gantry Plaza State Park (12 acres), Hunters Point South Park (10 acres), and Malt Drive Park (3.5 acres) beside Newtown Creek. Inland, MoMA PS1 and the Noguchi Museum sit in former industrial buildings, and Silvercup Studios, the former Silvercup bakery, has produced shows including 30 Rock and The Sopranos (Source: Wikipedia, Long Island City).
Condominiums dominate the new stock and come with association fees alongside the purchase price. Co-ops are rare here: the RLS showed 2 active co-op listings on October 1, 2026, and none closed in the last 90 days. A co-op purchase adds a board application and may limit subletting.
Visit miltoncoste.com or call me at (917) 416-7433 to see current Long Island City options.
Listings sourced live from REBNY RLS. All listings verified active at time of viewing. Updated daily.
View Active Listings Get Custom SearchThis information is not verified for authenticity or accuracy and is not guaranteed. ©2026 The Real Estate Board of New York, Inc. All rights reserved. Listing data sourced from REBNY RLS. Listing Courtesy of Keller Williams NYC.
Licensed Real Estate Associate Broker · Keller Williams NYC
License No. 10301213304 · 360 Madison Avenue, 9th Floor, NY 10017
Equal Housing Opportunity. We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. Milton Coste and Keller Williams NYC are committed to full compliance with the Federal Fair Housing Act (42 U.S.C. §§ 3601-3619), the New York State Human Rights Law (Executive Law, Article 15), and the New York City Human Rights Law (Title 8, NYC Administrative Code).
MLS & Listing Data Disclaimer: This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc. All rights reserved. Listing information is provided solely for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing data sourced from REBNY RLS. Listing Courtesy of Keller Williams NYC.
Financial & Market Data Disclaimer: All financial figures, market statistics, price estimates, and rental rates are sourced from StreetEasy Market Reports and provided for informational purposes only. Market conditions change frequently. This content does not constitute financial, tax, investment, or legal advice. Consult a licensed financial advisor, CPA, or attorney before making financial decisions. Published in accordance with 19 NYCRR Part 175 (NY DOS Real Estate Broker Advertising Regulations). Milton Coste operates as a Licensed Real Estate Associate Broker under the supervision of Keller Williams NYC.
Content published: February 2026 · Milton Coste · Keller Williams NYC · License No. 10301213304
Luxury condos, co-ops, and new developments with Manhattan views
46-01 39th Avenue #314
Sunnyside
24-16 Queens Plaza S #17A
Long Island City
11-37 44TH Drive #TH1
Long Island City
Listing information provided courtesy of the Real Estate Board of New York's Residential Listing Service (RLS). Information is deemed reliable but not guaranteed. Sale listings verified. ©2026 REBNY. RLS data displayed by Keller Williams NYC.
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Disclaimer: All information provided in this article is for educational purposes only and does not constitute legal, financial, or real estate advice.
Listing data sourced from the REBNY Residential Listing Service (RLS). Information is deemed reliable but not guaranteed.
Milton Coste is a Licensed Real Estate Associate Broker affiliated with Keller Williams NYC,
360 Madison Avenue, 9th Floor, New York, NY 10017. License No. 10301213304.
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Milton Coste
Licensed Real Estate Associate Broker · Keller Williams NYC
License No. 10301213304 · 360 Madison Avenue, 9th Floor, New York, NY 10017
